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Despite the tendency for consumers to be more price-conscious during recessions, spending continued to increase. With rising per capita incomes across the United States since 2015, beauty salons boomed, generating $56.2 billion in the United States. Hair care was the largest segment, with 86,000 locations.
The prevalence of Korean nail salons in New York came partially from the fact that these salons offered cheaper options for manicures and pedicures, which opened up the industry to customers across the economic spectrum. Yet, the cheaper the prices posted by the salon, the less tip money the workers will receive.
A nail salon or nail bar is a specialty beauty salon establishment that primarily offers nail care services such as manicures, pedicures, and nail enhancements. Often, nail salons also offer skin care services.
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